jevd Posted May 22, 2017 Posted May 22, 2017 I'm back after a loooooong time. jevd If an individual has multiple plans from different employers, does the $ 50,000 overall loan limitation apply to each plan or to the individual. IRS website seems to indicate it is a plan limitation & not an individual limitation. JEVD Making the complex understandable.
ETA Consulting LLC Posted May 22, 2017 Posted May 22, 2017 All the plans of a single employer are aggregated for the $50K limit. They are not aggregated with plans of different employers. Good Luck CPC, QPA, QKA, TGPC, ERPA
jevd Posted May 22, 2017 Author Posted May 22, 2017 Thanks. Its been so long. I was in Compliance for quite a few years and now just answering the phone in a call center til I retire ( 458 days) but whose counting. ETA Consulting LLC and K2retire 2 JEVD Making the complex understandable.
NJ Mike Posted May 24, 2017 Posted May 24, 2017 On 5/22/2017 at 7:25 PM, jevd said: Thanks. Its been so long. I was in Compliance for quite a few years and now just answering the phone in a call center til I retire ( 458 days) but whose counting. Down to 456! Good luck. Mike
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